The IMF is an unimaginative institution that makes the same analysis and prognosis, decade after decade. It is like a fake doctor who diagnose the same ailment for all patients and administers the same expired […]
EFCC to quiz ex-PDP chair on alleged diversion of $2.1b arms cash EFCC on his trail over N600m shared to six chairmen of PDP mobilisation committees. He is believed to be in Asia EFCC interested […]
What is the fate of Budget 2016? Contrary to the promise by the National Assembly that it will make its consideration a priority on resumption from the Christmas/New Year break, it was not discussed yesterday. […]
Nigeria’s oil minister said on Tuesday that a “couple” of members of the Organization of the Petroleum Exporting Countries (OPEC) had requested an emergency meeting, adding that current market conditions support the need to hold […]
A Federal High Court sitting in Lagos on Tuesday declined making an order to stop MTN Nigeria Communications Limited from moving its funds in 21 Nigerian banks out of the country. The mareva application had […]
PDP spokesman attempts to chew document Embattled Peoples Democratic Party (PDP) spokesman Olisa Metuh has run into another trouble after creating a scene in the custody of the Economic and Financial Crimes Commission (EFCC), tearing the […]
ILORIN—The Federal Government says to bring about the needed change in agriculture that there is need to focus energy more on developing and creating enabling environment for the rural areas to grow as the nature […]
Nigeria is not a jumbled, jangling multi-cultural profusion, unassimilable into anything whole. Nigeria is a shattered country, a wasteland only to a mind too depressed to endow it with any organizing meaning. Our culture has […]
IN the words of Martin Luther King Jnr.: “Law and order exist for the purpose of establishing justice and when they fail in this purpose they become the dangerously structured dams that block the flow […]
TO constantly have to see Donald Trump ply the hustings with dinosauric dominance is both exciting and reassuring for those of us who loathe demagogues. Trump is consummate demagogue…as quintessential as they come. The prototype demagogue sees the fault line inside his target crowd, sets his […]
The Managing Director of the International Monetary Fund, Christine Lagarde, was in Nigeria last week. The last time the global financial intervention agency, the IMF, beamed its gaze on Nigeria (1985-6), was to convince the […]
In a democracy, the final decision on any matter lies with the Judiciary. Consequently, the symbol of justice is represented by a blindfolded lady (goddess) that dispenses justice without seeing the faces of those involved, […]
The Nigerian political landscape is being swept by a tsunami of defections. Politicians are changing party allegiance at a dizzying rate. At the rate politicians defect from one party to another, it won’t be long […]
With the nation’s mighty and powerful being hauled one after the other before the courts to account their share of the bazaar called armsgate, one of the more positive dimensions to the onslaught on vice […]
Two weeks into the year, chances are that 13 per cent of those who made solemn resolutions of the ameliorative kind will have defaulted or given up altogether. If you belong in this group, do […]
THE Yorubas and the Igbos, two of the most resourceful, engaging and outgoing ethnic groups in Nigeria, are becoming implacable enemies. Increasingly, they seem to hate one another with pure hatred. I never appreciated the […]
A close associate of Nigeria’s President Muhammadu Buhari has returned $500,000 (£350,000) he allegedly received from the embattled former national security adviser Sambo Dasuki, the respected Daily Trust newspaper reports. Lawal Jafaru Isa, a leading member of […]
Several people, including two soldiers and four police officers, have been killed in clashes following gubernatorial elections in Nigeria’s oil-rich Bayelsa state, an election monitor has told the Associated Press news agency. Gunmen men from rival political parties opened fire after the result […]
Nigeria might be the richest economy in Africa but that does not impress hard-nosed investors who buy and sell shares at the local stock exchange. The West African financial market had another losing day today, […]
Nigeria’s central bank has announced it is stopping the direct sale of US dollars to bureaux de change to protect the West African nation’s naira currency, and conserve depleted foreign reserves. “Operators in this segment of the market would […]
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